Decisive Dividend Corp

DE.V

Not Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro cap

Decisive Dividend Corp is not Shariah Compliant because it fails the financial ratios.

0.02%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
BUY
$7.12
$5.81
$7.99
3
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
26.35%
6.19%
1.57%
1.23
2.18
100.49%

Shariah Compliance

Debt
48.31%
Non-Compliant Assets
0.00%
Impure Income
0.02%

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
58.38%
Impure Income
0.02%

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
51.32%
Impure Income
0.02%

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
44.76%
Cash
1.83%
Cash & AR
16.48%
Impure Income
0.02%

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
44.76%
Cash
1.83%
Cash & AR
16.48%
Impure Income
0.02%

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.02%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. Its segments include finished product and component manufacturing. The finished product segment manufactures and sells products that are purchased and used by end customers as designed. Within the finished product segment, there are six separate businesses: Blaze King, Slimline, Marketing Impact, ACR, Capital I and IHT. The component manufacturing segment manufactures and sells products based on specifications determined by its customers for use in its customers’ processes. Within the component manufacturing segment, there are six separate businesses: Unicast, Hawk, Northside, Micon, Procore, and Techbelt. In addition, it has a third separate segment, Head Office, which is an investment holding and management company. Its subsidiaries include Valley Comfort Systems Inc., Unicast Inc., Slimline Manufacturing Ltd., Northside Industries Inc. and Hawk Machine Works Ltd.

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